(Reuters) – British Airways owner IAG launched a 1-billion-euro ($1.04 billion) share buyback on Friday after it reported a 27% jump in annual operating profit, beating market expectations.
The carrier reported adjusted operating profit of 4.44 billion euros. Analysts had expected 4.08 billion euros, according to a company-compiled poll.
($1 = 0.9628 euros)
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Janane Venkatraman)
